Explain why the cash flows (profits minus costs)for a project that are expected to continue for 20 years need to be discounted? Why not simply use the amounts as they are? Would it make a difference if 80 percent of the profits came in during the first 5 years?

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The Answer of Explain why the cash flows (profits minus costs)for a project that are expected to continue for 20 years need to be discounted? Why not simply use the amounts as they are? Would it make a difference if 80 percent of the profits came in during the first 5 years?

Explain Why the Cash Flows (Profits Minus Costs)for a Project